Los Angeles Capital Management LLC lessened its position in Vontier Co. (NYSE:VNT - Free Report) by 4.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 323,591 shares of the company's stock after selling 15,796 shares during the period. Los Angeles Capital Management LLC owned about 0.21% of Vontier worth $10,918,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in Vontier by 2,976.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock worth $35,000 after purchasing an additional 1,012 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new position in Vontier in the third quarter worth approximately $37,000. Ashton Thomas Private Wealth LLC bought a new stake in Vontier during the 2nd quarter valued at $44,000. Headlands Technologies LLC bought a new stake in Vontier during the 1st quarter valued at $46,000. Finally, Covestor Ltd boosted its position in Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company's stock valued at $49,000 after acquiring an additional 395 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. Robert W. Baird reduced their price target on Vontier from $44.00 to $42.00 and set a "neutral" rating for the company in a report on Friday, August 2nd. Argus cut Vontier from a "buy" rating to a "hold" rating in a report on Tuesday, August 20th. Barclays raised their price objective on Vontier from $44.00 to $46.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Finally, Evercore ISI reduced their price objective on shares of Vontier from $45.00 to $40.00 and set an "outperform" rating for the company in a research report on Monday, August 19th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.50.
View Our Latest Stock Report on VNT
Vontier Trading Down 1.5 %
Shares of NYSE:VNT traded down $0.59 during trading on Tuesday, hitting $39.76. 325,363 shares of the company's stock were exchanged, compared to its average volume of 799,166. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The firm has a 50-day moving average price of $34.48 and a two-hundred day moving average price of $36.86. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62. The firm has a market cap of $5.97 billion, a P/E ratio of 15.46, a PEG ratio of 1.87 and a beta of 1.25.
Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The business had revenue of $750.00 million for the quarter, compared to analyst estimates of $729.23 million. During the same period last year, the firm earned $0.73 earnings per share. Vontier's revenue for the quarter was down 2.0% compared to the same quarter last year. Equities analysts predict that Vontier Co. will post 2.89 earnings per share for the current year.
Vontier Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. The ex-dividend date is Thursday, November 21st. Vontier's dividend payout ratio (DPR) is currently 3.83%.
Vontier Profile
(
Free Report)
Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.
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